Day: November 12, 2021

Enservco Corporation Schedules 2021 Third Quarter Conference Call

Enservco Corporation Schedules 2021 Third Quarter Conference Call

LONGMONT, Colo., Nov. 12, 2021 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced it will release its 2021 third quarter financial results after the market closes on Monday, November 15, 2021. Management will then host a conference call and webcast to discuss the results and subsequent operational developments. The conference call will begin at 2:30 p.m. Mountain Time (4:30 p.m. Eastern) and will be accessible by dialing 877-545-0523 (973-528-0016 for international callers). A telephonic replay will be available through November 22, 2021, by calling 877-481-4010 (919-882-2331 for international callers) and entering the Replay ID # 43352. To listen to the webcast,...

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Allied Establishes $300 Million At-the-Market Equity Program

Allied Establishes $300 Million At-the-Market Equity Program

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Nov. 12, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(“Allied”) announced today that it has established an at-the-market equity program (the “ATM Program”) that allows Allied to issue and sell up to $300,000,000 of units of Allied (“Units”) to the public, from time to time, at Allied’s discretion. All Units sold under the ATM Program will be sold through the Toronto Stock Exchange or another marketplace (as defined in National Instrument 21-101 Marketplace Operation) upon which the Units are listed, quoted or otherwise traded, at the prevailing market price at the time of sale. The ATM Program is designed to provide Allied with additional financing flexibility which may be used in conjunction...

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Dundee Corporation Announces Significant Progress on Company Transformation and Reports Q3 2021 Financial Results

Dundee Corporation Announces Significant Progress on Company Transformation and Reports Q3 2021 Financial Results

TORONTO, Nov. 12, 2021 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three and nine months ended September 30, 2021. All currency amounts in this press release are in Canadian dollars except as otherwise indicated. THIRD QUARTER 2021 RESULTS Demonstrated significant progress in rationalizing non-core legacy portfolio by completing the sale of the beef division of Blue Goose Capital Corp. (“Blue Goose”) subsequent to quarter end for total proceeds of $71.1 million, including $8.1 million completed during the third quarter of 2021, and paid down $32.3 million in consolidated debt. Reduced total corporate G&A costs by 10% compared to the third quarter of 2020 (6% excluding stock-based compensation). Cash provided from operating activities was...

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The Flowr Corporation Announces Third Quarter 2021 Earnings Date

The Flowr Corporation Announces Third Quarter 2021 Earnings Date

TORONTO, Nov. 12, 2021 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) announces that the Company will release its third quarter results before the opening of financial markets on Monday, November 29, 2021. About The Flowr Corporation The Flowr Corporation is a Canadian cannabis company with operations in Canada and the European Union. Its Canadian operating campus, located in Kelowna, BC, includes a purpose-built, GMP-designed indoor cultivation facility; an outdoor cultivation site; and a state-of-the-art R&D facility. From this campus, Flowr produces recreational and medicinal products. Internationally, Flowr intends to service the global medical cannabis market through its subsidiary Holigen Holdings Limited, which has a license for cannabis cultivation in Portugal and operates...

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Apeiron Capital Investment Corp. Announces Closing of $172,500,000 Initial Public Offering Including the Full Exercise of the Over-Allotment Option

Apeiron Capital Investment Corp. Announces Closing of $172,500,000 Initial Public Offering Including the Full Exercise of the Over-Allotment Option

Boston, Massachusetts, Nov. 12, 2021 (GLOBE NEWSWIRE) — Apeiron Capital Investment Corp. (the “Company”) announced today that it closed its initial public offering of 17,250,000 units, at $10.00 per unit, including 2,250,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The units are listed on the New York Stock Exchange (“NYSE”) and commenced trading under the ticker symbol “APN U” on Tuesday, November 9, 2021. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. No fractional warrants will be issued upon separation of the units and only whole warrants will trade....

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Just Energy Initiates Litigation Against ERCOT and the PUCT In Texas Bankruptcy Court

Just Energy Initiates Litigation Against ERCOT and the PUCT In Texas Bankruptcy Court

TORONTO, Nov. 12, 2021 (GLOBE NEWSWIRE) — Just Energy Group Inc. (“Just Energy” or the “Company”) (TSXV:JE; OTC:JENGQ), a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions, carbon offsets and renewable energy options to customers, today, along with its affiliates Just Energy Texas LP, Fulcrum Retail Energy LLC, and Hudson Energy Services LLC (the “Just Energy Parties”), initiated a lawsuit (the “Lawsuit”) against the Electric Reliability Council of Texas (“ERCOT”) and the Public Utility Commission of Texas (the “PUCT”) in the United States Bankruptcy Court for the Southern District of Texas (the “Texas Bankruptcy Court”). The Lawsuit seeks to recover payments that were made by the Just Energy Parties to ERCOT for certain invoices relating to February 2021, when...

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Codere Online Announces Nominations to its Board of Directors

Codere Online Announces Nominations to its Board of Directors

Directors will be appointed in connection with the consummation of the business combination, pursuant to the Business Combination Agreement and the Nomination Agreement. Four Directors, including one independent, to be nominated by Codere Newco S.A. (the “Parent”) and two Independent Directors to be nominated by DD3 Sponsor Group, LLC (the “Sponsor”). An Industry Expert Independent Director is expected to be nominated prior to the consummation of the business combination and serve as Chairman of the Board of Directors. Consummation of the business combination expected to occur in the week following the special meeting of DD3 Acquisition Corp. II’s (“DD3”) stockholders, which is scheduled to take place on November 18, 2021. MADRID, Spain and MEXICO CITY, Nov. 12, 2021 (GLOBE NEWSWIRE) — Codere Online1 (which upon consummation...

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Skyline Announces Significant Improvement in Operational Results for Q3 2021

Skyline Announces Significant Improvement in Operational Results for Q3 2021

Q3 2021 revenue from Skyline’s hotels and resorts increased by 79% to $45.1 million compared to $25.3 million  Q3 2020, due to continued improvement in demand and a relaxation in operating restrictions related to COVID-19; Q3 2021 Adjusted EBITDA strongly improved to positive $11.7 million versus $4.5 million in Q3 2020 and YTD Adjusted EBITDA was 236% higher than the same period in 2020, demonstrating a significant recovery in operations; Q3 2021 Funds From Operations (“FFO”) grew by 131% to $3.5 million, or $0.21 per share compared to Q3 2020 FFO of $1.5 million, or $0.09 per share; Same Property NOI for Q3 2021 was $13.8 million compared to $6.6 million in Q3 2020. The increase was driven mainly by improved occupancy at our hotels and resorts; The Canadian and US governments continue to provide support to the travel industry, and...

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Power Solutions International Announces Third Quarter 2021 Financial Results

Power Solutions International Announces Third Quarter 2021 Financial Results

WOOD DALE, Ill., Nov. 12, 2021 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced third quarter 2021 financial results. Third Quarter 2021 Results Sales for the third quarter of 2021 were $117.6 million, an increase of $3.2 million, or 3%, compared to the comparable quarter last year as a result of higher sales of $10.7 million in the industrial end market, partly offset by decreases of $5.5 million and $2.0 million within the transportation and energy end markets, respectively. The increase in industrial end market sales was primarily due to higher demand for products across various applications, with the largest increase attributable to products used within the material...

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Psychemedics Corporation Reports Stronger Revenue, Operating Profit and Earnings Growth in Third Quarter 2021

Psychemedics Corporation Reports Stronger Revenue, Operating Profit and Earnings Growth in Third Quarter 2021

ACTON, Mass., Nov. 12, 2021 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ:PMD), the world’s largest provider of hair testing for drugs of abuse, today announced financial results for the third quarter ended September 30, 2021. The Company’s revenue for the quarter ended September 30, 2021, was $6.7 million versus $5.2 million for the quarter ended September 30, 2020, an increase of 29%. Net income for the quarter ended September 30, 2021, was $0.7 million or $0.13 per diluted share, versus net loss of $1.1 million or ($0.20) per diluted share, for the comparable period last year, an increase of $0.33 per diluted share. The Company’s revenue for the nine months ended September 30, 2021, was $18.5 million versus $16.0 million for the comparable period in 2020, an increase of 16%. Net income for the nine months ended September...

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